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Aston Bay Holdings Ltd V.BAY

Alternate Symbol(s):  ATBHF

Aston Bay Holdings Ltd. is a Canada-based mineral exploration company exploring high-grade critical and precious metal deposits. It is engaged in exploring the Storm Copper Property and Cu-Ag-Zn-Co Epworth Property in Nunavut, and the high-grade Buckingham Gold Vein in central Virginia. It is also in advanced stages of negotiation on other lands with high-grade critical metals potential in North America. The Nunavut property is located 112 km south of the community of Resolute Bay, Nunavut on western Somerset Island. The property is adjacent to tidewater on Aston Bay and comprises 12 prospecting permits and 118 contiguous mineral claims, which comprises of Storm Copper and Seal Zinc, covering an area of approximately 541,796 acres. Under Virginia property, it focuses on exploring two targets in Virginia: high-grade mesothermal gold vein mineralization along strike of the Buckingham Gold Vein and zinc-copper SEDEX-style mineralization in a newly identified base metals/polymetallic belt.


TSXV:BAY - Post by User

Comment by astonbayon Mar 22, 2024 9:09am
178 Views
Post# 35946735

RE:Concerning

RE:ConcerningCautiousNow on Ceo.ca has interviewed Tom. Don't worry the website update is coming!

The six immediate takeaways from the discussion are:

(i) Tom is really excited by Storm and the upcoming program-don't discount the importance of the shallow exploratory drilling on new targets using the RC rig;

(ii) he really likes Epworth a lot, as the soundbite quote for the lead in my writeup is "Storm is a success in the making. We're going to apply those lessons to Storm.2.";

(iii) he'd like to do a smallish program on Buckingham gold and the new pending base metals project area and then re-assess strategic options for Virginia;

(iv) we can expect a raise that includes FT for Epworth and some hard dollars when the timing is better; (v) he's really happy with the way that the new Board is working out because of the complementary skills and insights the new Board members offer; and

(vi) he knows they need to do a better job on the website and become more visible.

Overall, this is probably the most positive I've found him in any of my detailed discussions with him over the last few years.
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